Sands China reported net revenues of US$1.77 billion in the three months to 30 September 2024, down 1% on the same period in 2023 but slightly above the US$1.75 billion it generated in the June quarter. Net income of US$268 million was up 16% year-on-year and 9% quarter-on-quarter.
According to information from parent company Las Vegas Sands, Adjusted EBITDA of US$585 million was also higher than the US$561 million in 2Q24, despite a US$2 million negative impact due to low hold in rolling play. EBITDA was, however, considerably lower than the US$631 million reported a year earlier.
Casino revenues were down year-on-year at The Venetian Macao, The Londoner Macao and Sands Macao, but up slightly at The Parisian Macao and by some 69% to US$182 million at The Plaza and Four Seasons.
